Cash flows in for local and Africa start-ups
Venture capital now a major factor fuelling tech entrepreneurs
20 June 2021 - 00:15
A Naspers Foundry investment of R42m in a Cape Town tech start-up this month was further evidence of a venture capital (VC) boom for tech start-ups across Africa.
The investment in mobility technology company WhereIsMyTransport was part of a $14.5m (about R204m) funding round led by Naspers Foundry, Cathay AfricInvest Innovation Fund and SBI Investment...
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